– Low-income car buyers often end up paying more—as much as two to three times more—for the exact same vehicle than buyers in more favorable financial situations who have a stable job and healthy credit. Cash or credit, it doesn’t matter. This is a brutal reality that used-car dealers see every day. – The reason has […]
Tag: UsedCar
Expect Used-Car Prices to Skyrocket in the Southeast Post-Hurricane
– Remember the 2009 Cash for Clunkers program? Some hated it. Others invested in this new form of government cheese. After eight weeks, the entire USA had spent nearly $ 3 billion in taxpayer money to supplement the purchase of almost 690,000 vehicles. It was a big deal, but not nearly as big as what’s […]
Watch this week's Top Gear America used-car challenge
Top Gear America is back for the penultimate episode of the first season. Used car challenges were some of the highlights of the original UK edition. In our exclusive clip, Tom Ford, Antron Brown and William Fichtner run their $ 7,000 sports cars in a drag race. As expected, the trio chose very different cars […]
The Shart of the Deal: I Keep Killing Killer Used-Car Deals
– I’m in a cab in Los Angeles, making an early-morning run to LAX, when a McLaren 570S trundles across the intersection ahead of us. My eyes track it, taking it in, and I notice that the cabby’s do, too. “I know about an old McLaren race car in Peru,” he says, and from then […]
These are the 11 best late-model used-car bargains
slide-6801476 Image Credit: Phrysphotos via Getty Images You’d be crazy to buy one of these new Buying a new car can be an amazing experience, but it isn’t without its faults. Perhaps the worst part of buying a car is the depreciation immediately following the purchase. As soon as you sign on the dotted line, your […]
Great Used-Car Bargains Hide among the New-Car Losers
– Automobiles are crazy expensive, and nobody wants to buy a shoddy product that bleeds us dry, whether it’s new or used. We want long-term quality, but nearly every single one of us is blinded by our past experiences and by the billions spent on advertising campaigns that aim to keep us on a straight and […]
Can Facebook Compete with Craigslist for Used-Car Listings?
– Craigslist is not only the used-car capital of the United States, it’s also one of the largest resale marketplaces for nearly everything else. Craigslist has become what the classified section of the newspaper used to be, only better. It’s a free market that is portable and can be read and shared with others who […]
